China’s slowdown eases, although real estate problems persist

HONG KONG – China’s economy showed modest signs of improvement in August as stimulus measures took effect, although new Covid-19 restrictions and a worsening real estate slowdown continue to drag on. darken the outlook for the world’s second largest economy.

A series of data released by Beijing on Friday offered a mixed picture: Infrastructure investment picked up faster than expected, but consumer spending remained weak and house prices accelerated their decline.


Wj

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